1 Hour ID SAFE Mortgage Law Update 2014 SAFE CE

Course Syllabus

Welcome to our Idaho SAFE CE State Law Course. We are excited to assist you in furthering
your mortgage career and are pleased you chose Praedo Institute to satisfy your education
requirements.

Course Purpose
This course is meant to satisfy the one hour Idaho specific education requirement for Idaho
mortgage loan originator continuing education.

Course Description
During this course we will review two hot topics in Idaho, loan modifications and short sales.

Course Dates and Times
This course is offered for the 2014 license renewal period. The deadline to complete Idaho CE
is December 15, 2014. In order to ensure proper reporting to NMLS, this course must be
completed by December 5, 2014.

Course Objectives
Upon completing this course, you should be able to do the following:
Understand and comply with Idaho licensing requirements regarding loan modification
activities
Understand the basic definition of a short sale
Identify potential red flags associated with short sales

Grading Policy
The course consists of slides mixed with comprehension questions. Each chapter includes a
chapter quiz. At the end of the final chapter, you will be required to take and pass a final exam.
This course is timed as a one hour course. You must answer all of the comprehension questions
correctly and score 80 percent on all quizzes and tests to receive credit for the course. You may
retake course quiz questions until you pass, but you be allowed only 10 retakes of the course
final.






Course Policies
Each student is required to submit an Identity Affidavit. By confirming the attestation, the
student certifies that the course work was or will be completed by the person for whom the
certificate will be issued. The student further certifies that they did not or will not receive any
assistance in completing the course. The submission of a completion certificate for a course
they did not complete themselves may constitute fraud on the students part and is subject to
prosecution and/or discipline.

Technical Support
As our course is entirely online, we do offer live technical support via telephone, email, and
chat from 8:30am to 5:00pm Mountain Time on regular business days. After hours, holiday,
and weekend support is available 365 days a year via email from 9:00am to 10:00pm Mountain
Time. Our mailing address is 42 North, 200 East, Ste. 3, American Fork, UT 84003. Our
telephone number is 801-492-9933 and our support email is support@praedo.com.

Using our System
Once you purchase the course and are logged into our system, you should see a link to the
course on your home page. This link will launch the course. Please carefully review the
introduction module for instructions on using our online system.

Course Outline
This course consists of two chapters, each covering different aspects of Idaho mortgage law.

ID SAFE CE 2014
Introduction: This module will introduce you to our system. Adherence to the advice and
instructions offered in this module will greatly improve your online education experience.

ID Mortgage Law Update 2014 Chapter 1: Chapter One covers loan modifications and short
sales in Idaho. It consists of the following sections:
Loan Modifications in Idaho
Short Sales
Which is Which? Bank Owned Properties vs. Short Sales
Short Sale Red Flags
Chapter Quiz: 10 question quiz covering all of the material discussed in Chapter One.
ID Mortgage Law Update 2014 Chapter 2: Chapter 2 covers additional definitions and
prohibited practices. It consists of the following sections:
Additional Definitions
Record Keeping


Prohibited Practices
Noncompliance
Transfers in Trust to Secure Obligation - Foreclosure
Chapter Quiz: 5 question quiz covering all of the material discussed in Chapter Two.
Course Final: 15 question final covering all of the material discussed in Chapters One
and Two.

Course Evaluation: Students will be allowed to give feedback regarding the course.

Course Schedule
This course consists of the two chapters outlined below. The requirements for each chapter are
listed with the approximate time needed to complete each learning module. This course meets
the minimum time requirement of 50 seat minutes for each clock hour the course is approved.
This course is approved as a one hour course and must be completed in its entirety in order for
you to receive credit.

Good Luck
Once again, thank you for choosing Praedo Institute. Your success is extremely important to us.
Please let us know if we can be of assistance at any time. Enjoy the course!


























Course Outline and Schedule
Module Reading Assignments Due
Instruction Time
Allocation (Minutes)
Introduction Course Introduction Quiz Question 3
Chapter 1
Loan Modifications in
Idaho
Quiz Questions 4
Chapter 1 Short Sales Quiz Question 2
Chapter 1
Which is Which?
Bank Owned
Properties vs. Short
Sales
Quiz Questions 8
Chapter 1 Short Sale Red Flags Quiz Questions 9
Chapter 1 N/A End of Chapter Quiz 5
Chapter 2 Additional Definitions Quiz Question 4
Chapter 2 Record Keeping Quiz Question 2
Chapter 2
Prohibited Practices
for Brokers and
Lenders
Quiz Question 3
Chapter 2 Noncompliance Quiz Question 2
Chapter 2
Transfers in Trust to
Secure Obligation -
Foreclosure
Quiz Questions 7
Chapter 2 N/A End of Chapter Quiz 3
Course Final N/A End of Course Final 7
Course Evaluation N/A Student Feedback 1
Total Course Time (Minutes) 60